Exercise of share options by

RNS Number : 9836V

Spice PLC

21 July 2009

 



21 July 2009

Exercise of share options by PDMRs of Spice plc ("Spice" or "the Company")

Spice announces that the following PDMRs have today exercised options under the Company's Save As You Earn share option scheme.  

Name	Role	Number of options exercised	Option exercise price	Total remaining number of options held under all schemes	Revised shareholding and % of issued share capital
Simon Rigby	Chief Executive Officer	19,315	£0.484	3,761,718	29,886,241 8.6%
Lee Johnstone	Company Secretary	19,315	£0.484	315,769	39,580 0.01%
Mandy Atkinson	Distribution Finance Director	3,860	£0.484	692,611	53,360 0.01%

This disclosure has been made for the purposes DTR3.1.4(1)(a).  The options were exercised in Leeds.

All of the above option exercises have been satisfied using existing ordinary shares held within Spice's Employee Benefit Trust.

                    Ends

Spice plc	Tel: [phone]
Simon Rigby, Chief Executive Officer
Oliver Lightowlers, Group Finance Director
Financial Dynamics	Tel: [phone]
Billy Clegg
Caroline Stewart
KBC Peel Hunt (Broker)	Tel: [phone]
Julian Blunt (Corporate finance)
Matthew Tyler (Corporate broking)

NOTES TO EDITORS

Spice plc

Spice is a total utility infrastructure support services business. The Group's operations were founded in 1996 and have their origins in the electricity industry, although the range of activities has since been expanded into other niche areas. The Group is organised into two divisions to match its utility customer base; a Supply Division; and a Distribution Division.  Spice's businesses have a common theme of delivering and co-ordinating infrastructure services to customers, and the technological element within the product mix has been built up significantly over the course of the last three years.

 

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